Fourth quarter 2017 gave it the good ol’ college try but, in the end, fell short of bringing 2017 private-equity real estate fundraising across the finish line ahead of the total raised in 2016 (which fell about 10 percent below 2015’s capital raising aggregate). Fourth quarter 2017 saw 26 private-equity real estate funds record final closings, raising an aggregate total of $26.6 billion, according to IREI’s FundTracker database.

A total of 42 new investment funds were launched during fourth quarter 2017, bringing the year-end total to 176 new funds launched in 2017.